Toro Corp. reveals plan to spin off Handysize tanker business. Find the latest news from the maritime industry on the PortNews website.

The majority shareholder of bulker and boxship company Castor Maritime is forming Robin Energy by spinning out an MR1 product ...

Syros Pharmaceuticals, which in November said it would cut most of its workforce, is winding down operations and voluntarily delisting its stock from Nasdaq. Shares plunge 40% to 9 cents in ...

The spinoff will see Toro shareholders receive one share of a newly formed subsidiary, Robin Energy Ltd., for every eight shares of Toro common stock, the company said Friday. The subsidiary will act ...

Toro Corp. (TORO) announces that its Board of Directors has decided, on the recommendation of a special committee of the Board, consisting of ...

Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announces that ...

Toro (TORO) announces spin-off of its Handysize tanker business, Robin Energy. Learn how this move enhances focus, efficiency & shareholder value.

The latest deal reported by European brokers was that of the 306,000-dwt Princess Alexia (built 2004), said to have been ...

Devbulk Shipping acquires 38,200-dwt Indigo March from Itochu Corp. Find the latest news from the maritime industry on the PortNews website.

The National Association of Road Transport Owners (NARTO) has raised concerns over the Federal Government’s proposed ban on 60,000-litre capacity petroleum tankers saying that such a move could result ...

In terms of oil tanker trade growth for '25 ... Briefly to comment on the outlook for the dry bulk Handysize vessels, the last quarter of '24 was quiet for dry bulk ships. The sector performance ...

In more detail, our 3 Handysize bulk carriers are employed on short TCs, while 3 of our product tankers are under time charter employment up until May '25, January '26 and August '27, respectively.